- Business
- Viveon Health Acquisition Corp. (VHAQ) is a blank check company formed to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses in the healthcare industry, primarily in North America. Incorporated in 2020 and headquartered in Atlanta, Georgia, the company operates as a subsidiary of Viveon Health LLC and trades its common stock, units, and rights on the OTC Pink Marketplace following delisting from NYSE American in July 2024 due to failure to complete an initial business combination within the required timeframe. It targets innovative firms in health technology, pharmaceuticals, medical services, orthopedics, spine care, and longevity solutions for seniors; no current operational products or services beyond pursuing such transactions. Recent developments include termination of a 2022 merger agreement with Suneva Medical in February 2023 over alleged breaches, followed by a definitive merger agreement with Clearday Inc. in April 2023 valuing the longevity technology firm at an initial $250 million pro forma equity, amended in August 2023 to $500 million plus a $50 million earnout, and reconfirmed as ongoing in February 2024 amid efforts to clear regulatory hurdles and achieve NYSE American relisting for the combined entity.